Precious metals are apparently waking up. And here is where you can find the best deals.
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Governments in developing economies are building up their bullion holdings as trust breaks down.
Storms come in many forms and may consist of many different constituent elements, but when all these elements combine at the same critical moment, we call it a “perfect storm.” When such a storm is transposed analogically to the cultural, political, and economic realms, that is, when it seems to impact the entire social environment, we have no choice but to grasp its significance and prepare for its onset by taking protective measures.
Will there be a pivot, pause, or no pivot? This is the wrong question to be asking. The reality is the major stock market indexes have much farther to fall before the bear market is over, regardless of if the Fed pivots anytime soon.
China’s Trade Unexpectedly Shrinks As COVID Curbs, Global Slowdown Jolt DemandNov 7, 2022 - 04:56:19 PST
China's exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as a perfect storm of COVID curbs at home and global recession risks dented demand and further darkened the outlook for a struggling economy.
The threat of Chinese aggression is producing a quiet revolution in Tokyo’s statecraft — and officials are pushing the nation to get ready for a fight.
Jeremy Hunt Set To Outline 60 Billion Pounds in Tax Rises and Spending Cuts, the Guardian ReportsNov 7, 2022 - 04:50:59 PST
British finance minister Jeremy Hunt plans to set out on Nov. 17 up to 60 billion pounds ($67.82 billion) of tax rises and spending cuts, including at least 35 billion pounds ($39.56 billion) in cuts, the Guardian reported on Sunday.
The Federal Reserve gets fresh insight into its inflation challenge this week amid expectations US prices continued to rise at a stubbornly fast pace in the past month.
(Bloomberg) -- All bets appear to be off on how high yields can rise in the world’s biggest bond market.
Britain's government is facing significant and difficult decisions on taxes and spending in an effort to plug a budget shortfall, cabinet office minister Oliver Dowden said on Sunday, declining to comment on possible measures.
On October 27, Russian President Vladimir Putin said he would not use nuclear weapons; on the same day, US President Joe Biden said he would. Two days - Ted Snider for Antiwar.com Original
The commander that oversees US nuclear forces delivered an ominous warning at a naval conference last week by calling the war in Ukraine a “warmup” for the “big one” that is to come. “This Ukraine crisis that we’re in right now, this is just the warmup,” said Navy Adm. Charles Richard, the commander of US …
North Korea fired four short-range ballistic missiles into the western sea on Saturday, South Korea's military said, as Seoul and Washington ended a high-profile six-day military exercise.
The Iranian rial fell to its lowest level ever recorded in the country’s unregulated, open market on Saturday as protests against the government continued and hopes of reviving the nuclear deal remained slim.
China’s Central Bank Deputy Under Probe for Suspected Violations, Anticorruption Body SaysNov 7, 2022 - 04:40:39 PST
China's top anti-corruption watchdog said on Saturday it is investigating Fan Yifei, one of six deputy governors of China's central bank, over "suspected serious violations of discipline and law".
Federal Reserve Chair Jerome Powell’s declaration that peak interest rates will need to go higher than previously thought has Wall Street making its best guess on that final level.
Last week, the Federal Reserve delivered a 75-basis point rate hike, but Fed Chair Jerome Powell failed to deliver the more doveish rhetoric that many expected. The messaging did not indicate much softening in the stance on the future trajectory of rate hikes, despite an apparent "soft pivot" the week before.In his podcast, Peter broke down Powell's messaging and pointed out a number of very scary admissions that came out of the Fed meeting.
MARKET & FRANCE NUCLEAR POWER PLANT UPDATE: What's Next For The Precious Metals & Big Problems With France Nuclea...November 6, 2022
After the significant rally in the metals on Friday, what's next for gold and silver? Also, there continue to be BIG problems with France's Nuclear Power Industry that will impact Europe's energy prices much longer than the market realized. How bad is France's Nuclear Power Industry... watch the video...
Weekly Market Recap: Markets To Drop Further As Fed Crushes Pivot Dreams (Again)?Nov 5, 2022 - 14:37:24 PDT
Jerome Powell once again took pains to dash the market's dreams of a policy pivot anytime soon by the Federal Reserve. And, also once again, stock prices dropped in response.
Another debt ceiling fight is looming on the horizon and it appears the US Treasury Department is preparing for the drama. Meanwhile, rising interest rates are rapidly increasing the cost of the massive national debt.
That weaker dollar will fuel huge normalization buying in gold futures, which have been driven to bearish extremes. Gold will power higher as inflation continues to rage..